The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to ...

The Richmond Fed president is upbeat despite uncertainty over what will happen as President-elect Donald Trump seeks to ...

Federal Reserve Bank of Richmond President Tom Barkin said he believes the central bank’s current level of interest rates ...

Experts alerted Triangle business owners of what to expect in 2025, from Trump's tariffs to the local real estate scene.

RALEIGH, N.C. (WNCN) – Cautious optimism was the message at the Raleigh Chamber of Commerce’s 2025 Economic Forecast. Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, spoke ...

Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what the economy will deliver ...

Fuzzy Friends Rescue wants to invite you to its prestigious New Year’s Eve tradition. For 17 consecutive years, the Barkin’ ...

The Census Bureau will release construction spending data for November on Thursday. The report covers activity in the housing ...

Barkin says further rate cuts tied to confidence in inflation drop Richmond Fed chief says it's hard to predict economic impact of Trump policies He says businesses are largely optimistic ...

While Barkin said he believes the central bank’s current level of rates is restraining the economy enough to continue lowering inflation in 2025, he remains wary of potential price pressures ...

"I think there is more upside risk than downside risk" to inflation, given the economy's continued strength and the possibility of renewed wage and other price pressures, Barkin told the Maryland ...